According to
GuruFocus updates
, these stocks have declined the most since Gurus have bought.
Steel Dynamics (
STLD
): Down 23% Since
Joel Greenblatt
Bought In the Quarter Ended on 2012-03-31
Joel Greenblatt
added to his holdings in Steel company Steel Dynamics by 74.01%
during the quarter ended 03/31/2012. His purchase prices were
between $14.08 and $16.48, with an estimated average price of
$14.13. Since then the prices of Steel Dynamics shares have
declined by -23% from the estimated average.
Joel Greenblatt
owned 190,382 shares of as of 03/31/2012.
Steel Dynamics, Inc. owns and operates a flat-rolled steel
mini-mill. Steel Dynamics has a market cap of $2.41 billion; its
shares were traded at around $10.87 with a P/E ratio of 11.1 and
P/S ratio of 0.3. The dividend yield of Steel Dynamics stocks is
3.6%. Steel Dynamics had an annual average earnings growth of
12.5% over the past 10 years.
Steel Dynamics recently announced first quarter net income of $46
million, or $0.20 per diluted share, on net sales of $2.0
billion. First quarter 2012 earnings were reduced by
approximately $0.03 per diluted share.
Joel Greenblatt owns 190,382 shares as of 03/31/2012, an increase
of 74.01% from the previous quarter. This position accounts for
0.24% of the $1.15 billion portfolio of Gotham Capital. Ken
Fisher owns 12,614 shares as of 03/31/2012, which accounts for
less than 0.01% of the $37.47 billion portfolio of Fisher Asset
Management, LLC. George Soros sold out his holdings in the
quarter that ended on 03/31/2012.
Quality Sys (
QSII
): Down 30% Since Joel Greenblatt Bought In the Quarter Ended on
2012-03-31
Joel Greenblatt initiated holdings in Software company Quality
Sys during the quarter ended 03/31/2012. His purchase prices were
between $36.27 and $45, with an estimated average price of
$39.23. Since then the prices of Quality Sys shares have declined
by -30% from the estimated average. Joel Greenblatt owned 4,585
shares of as of 03/31/2012.
Quality Systems, Inc. is one of the developers and providers of
computer-based practice management systems for medical and dental
group practices. Quality Sys has a market cap of $1.71 billion;
its shares were traded at around $27.31 with a P/E ratio of 22.2
and P/S ratio of 4. The dividend yield of Quality Sys stocks is
2.4%. Quality Sys had an annual average earnings growth of 25.8%
over the past 10 years. GuruFocus rated Quality Sys the business
predictability rank of 3.5-star.
Quality Systems recently reported revenues of $429.8 million for
the fiscal year ended March 31, 2012, an increase of 22% compared
to $353.4 million for the fiscal year ended March 31, 2011. Net
income for fiscal 2012 was $75.7 million, a 23% increase versus
net income of $61.6 million for the year ago period. Fully
diluted earnings per share for the fiscal year ended 2012 was
$1.28, a 21% increase from $1.06 for fiscal 2011.
Joel Greenblatt bought 4,585 shares in the quarter that ended on
03/31/2012, which is 0.017% of the $1.15 billion portfolio of
Gotham Capital.
CEO Steven T Plochocki sold 88,500 shares of QSII stock on
02/24/2012 at the average price of 43.99. Steven T Plochocki owns
at least 8,000 shares after this. The price of the stock has
decreased by 37.92% since. Other insiders have also decreased
their positions in the company.
Gardner Denver (
GDI
): Down 27% Since Ray Dalio Bought In the Quarter Ended on
2012-03-31
Ray Dalio initiated holdings in Industrial Machinery company
Gardner Denver during the quarter ended 03/31/2012. His purchase
prices were between $62.86 and $84.24, with an estimated average
price of $68.71. Since then the prices of Gardner Denver shares
have declined by -27% from the estimated average. Ray Dalio owned
11,878 shares of as of 03/31/2012.
Gardner Denver, Inc., formerly known as Gardner Denver Machinery
Inc. Gardner Denver has a market cap of $2.67 billion; its shares
were traded at around $50.26 with a P/E ratio of 9.4 and P/S
ratio of 1.1. The dividend yield of Gardner Denver stocks is
0.4%.
Gardner Denver's first quarter 2012 revenues of $604.4 million
were up 14% over the same period of 2011. Operating income for
the first quarter of 2012 was $79.8 million, an 8% decrease from
$86.8 million recorded in the same period of 2011, resulting in a
reduction in operating margins of 310 basis points to 13.2%.
Ray Dalio bought 11,878 shares in the quarter that ended on
03/31/2012, which is 0.012% of the $6.43 billion portfolio of
Bridgewater Associates. Joel Greenblatt owns 34,016 shares as of
03/31/2012, an increase of 698.31% from the previous quarter.
This position accounts for 0.19% of the $1.15 billion portfolio
of Gotham Capital. John Keeley owns 263,010 shares as of
03/31/2012, which accounts for 0.34% of the $4.94 billion
portfolio of Keeley Fund Management. Mario Gabelli owns 30,600
shares as of 03/31/2012, which accounts for 0.014% of the $13.95
billion portfolio of GAMCO Investors.
President & CEO Barry Pennypacker bought 5,000 shares of GDI
stock on 03/09/2012 at the average price of 69.51. Barry
Pennypacker owns at least 43,054 shares after this. The price of
the stock has decreased by 27.69% since.
Joy Global Inc (
JOY
): Down 29% Since Steven Cohen Bought In the Quarter Ended on
2012-03-31
Steven Cohen added to his holdings in Commercial Vehicles &
Trucks company Joy Global Inc by 1366.38% during the quarter
ended 03/31/2012. His purchase prices were between $71.1 and
$95.71, with an estimated average price of $78.82. Since then the
prices of Joy Global Inc shares have declined by -29% from the
estimated average. Steven Cohen owned 210,822 shares of as of
03/31/2012.
Joy Global Inc. is a worldwide leader in manufacturing, servicing
and distributing equipment for surface mining through its P&H
Mining Equipment division and underground mining through its Joy
Mining Machinery division. Joy Global Inc has a market cap of
$6.15 billion; its shares were traded at around $55.85 with a P/E
ratio of 8.7 and P/S ratio of 1.4. The dividend yield of Joy
Global Inc stocks is 1.2%. Joy Global Inc had an annual average
earnings growth of 37.6% over the past 10 years.
Joy Global recently announced its second quarter 2012 financial
results. Second quarter bookings were $1.2 billion, compared to
$1.5 billion in the second quarter of last year, a decrease of 19
percent. Net sales increased 45 percent to $1.5 billion compared
to the same period last year. Operating income was $333 million
in the second quarter of 2012, compared to operating income of
$234 million in the second quarter of fiscal 2011, and was 22
percent of sales in both years.
Ray Dalio owns 158,186 shares as of 03/31/2012, an increase of
258.81% from the previous quarter. This position accounts for
0.18% of the $6.43 billion portfolio of Bridgewater Associates.
Ken Fisher owns 429,811 shares as of 03/31/2012, an increase of
64.25% from the previous quarter. This position accounts for
0.084% of the $37.47 billion portfolio of Fisher Asset
Management, LLC.
President and CEO Michael W Sutherlin sold 16,576 shares of JOY
stock on 01/10/2012 at the average price of 81.89. Michael W
Sutherlin owns at least 191,736 shares after this. The price of
the stock has decreased by 31.8% since. Other insiders have also
decreased their positions in the company.
Nortel Inv-Adr (
NTL
): Down 36% Since Jeremy Grantham Bought In the Quarter Ended on
2012-03-31
Jeremy Grantham initiated holdings in Fixed Line
Telecommunications company Nortel Inv-adr during the quarter
ended 03/31/2012. His purchase prices were between $19.52 and
$26.9, with an estimated average price of $22.15. Since then the
prices of Nortel Inv-Adr shares have declined by -36% from the
estimated average. Jeremy Grantham owned 83,144 shares of as of
03/31/2012.
NORTEL INV-ADR is a holding company organized by Argentine and
international investors. Nortel Inv-adr has a market cap of $3.22
billion; its shares were traded at around $14.15 with a P/E ratio
of 11.3 and P/S ratio of 0.7. Nortel Inv-adr had an annual
average earnings growth of 48.2% over the past 5 years.
Charles Brandes owns 435,768 shares as of 03/31/2012, a decrease
of 23.39% of from the previous quarter. This position accounts
for 0.097% of the $11.32 billion portfolio of Brandes
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